Examples of PPP Loan Amount in a sentence

PPP Loan Amount: Enter the disbursed principal amount of the PPP loan (the total loan amount you received from the Lender).
Yes…one can go nuts trying to figure this all out! Summary of How to Calculate the PPP Loan Amount for Self- Employed Business Owners filing Form 1040 Schedule C or Schedule F (farmers).
In the event that any portion of the PPP Loan is not forgiven (any such amount which is not forgiven, the “Unforgiven PPP Loan Amount”), the PPP Lender will be entitled to recover such Unforgiven PPP Loan Amount from the PPP Escrow Fund and, if such Unforgiven PPP Loan Amount is less than the amounts then in the PPP Escrow Fund (such remainder, the “PPP Escrow Remainder”), the PPP Lender will release the PPP Escrow Remainder to the Company (prior to Closing) or Atlas (after the Closing), as applicable.
Calculating the PPP Loan Amount for Partnerships First, for the record…..
If your Requested Loan Forgiveness Amount entered is less than the PPP Loan Amount then the Estimated Forgiveness Gap (Remaining Loan Balance) field will automatically calculate and display an amount.

More Definitions of PPP Loan Amount

PPP Loan Amount has the meaning set forth in Section 2.8(a)(v).

PPP Loan Amount has the meaning set forth in Section 4.29(a).

PPP Loan Amount means the aggregate principal amount of the PPP Loan, together with interest accrued thereon through the anticipated date of forgiveness of the PPP Loan.

PPP Loan Amount means the principal amount of $634,750 under the PPP Loan.

PPP Loan Amount shall have the meaning set forth in Section 6.13.

PPP Loan Amount means any outstanding amount of Debt related to that certain Paycheck Protection Note, dated as of April 29, 2020, from Citizens Bank N.A., as Lender, issued to the Company pursuant to the Paycheck Protection Program provided for in Section 7(a) of the Xxxxx Xxxxxxxx Xxx 0000, as amended by the CARES Act, that has not been repaid or forgiven prior to the Closing.